Materials Stocks Break Out as Old Economy Meets the Future
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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
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- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Jefferies on Freeport-McMoRan (FCX): 'we do expect Grasberg to get back to full capacity by the end of 2027'
January 22, 2026 10:31 AM ESTJefferies analyst Christopher LaFemina reiterated a Buy rating and $68.00 price target on Freeport-McMoRan (NYSE: FCX).
The analyst comments "Our Call: While there is of course some risk to the timing of recovery to full production, we do expect Grasberg to... More

